Imports of Japanese live yellowtail, which had been stagnant, increase

Published 2024년 2월 8일

Tridge summary

Japanese live yellowtail imports into Korea have seen a 20% surge in 2023, returning to previous levels. Despite the increase in volume, the import value fell by 8.4% due to a weaker Japanese yen and lower yellowtail prices. This rise in imports is causing concerns within the domestic fish farming industry, with a decrease in domestic live fish sales and issues surrounding the origin and quarantine of Japanese seafood. The Southwest Seawater Fish Farming Association's head has urged for enhanced safety inspections and improvements to the country of origin labeling system.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of Japanese live yellowtail, which had stagnated for a while, appear to have recovered to previous levels. It is pointed out that quarantine and control of origin of Japanese live yellowtail should be strengthened to protect domestic fish farms and protect the health and safety of the people. According to the Korea Maritime and Fisheries Development Institute's seafood export information portal, the number of Japanese live yellowtail imported into Korea in 2023 was 3,239 tons, an increase of about 20% compared to the previous year (2,693 tons). As the amount of Japanese products increased, the total amount of defense imported into Korea also increased last year. Domestic defense imports in 2023 were calculated to be 3,247 tons, an increase of approximately 20% from the previous year (2,693 tons). While the volume of live yellowtail imports from Japan increased, the import amount decreased by 8.4% to $30,344,900 compared to the previous year ($33,125,700). The total ...

Source: Fisheco